Value the company given the following information.

EBIT	1	2	3	4
Depreciation	480	530	580	605
Capital Expenditures	160	140	130	110
Increase in Working Capital	25	20	15	12

Tax rate	40%
Book Value of Debt	1,200
Book Value of Equity	1,500
Market Value of Equity	1,800
Leveraged Beta	1.1
Long-Term bond RAte	8%
Long-term risk free rate	10%
Long-term growth rate	4%
long-term risk premium	6%
repayment rate	15%

Calculate the firm's free cash from assets and free cash flow from/to equity. What is the required rate of return for common shareholders and WACC? Calculate the market value of the firm estimating the present value of the free cash flow. Then estimate the market value of equity. How would your answer change for an unleveraged firm?